Policies and Regulation Archives | Be Korea-savvy

Archive by category Policies and Regulation

Gov’t to Better Protect Human Rights of Foreign Entertainment Workers

Gov’t to Better Protect Human Rights of Foreign Entertainment Workers

SEOUL, Dec. 10 (Korea Bizwire) — The Ministry of Justice on Tuesday announced new policy measures aimed at improving the human rights of foreigners working in the local hotel and entertainment sectors with the E-6 visa. The new measures to strengthen screening and monitoring for applicants and holders of the E-6 visa, dubbed the “culture [...]

Seoul Expands Purchases of Eco-friendly Cars amid New Energy Drive

Seoul Expands Purchases of Eco-friendly Cars amid New Energy Drive

SEJONG, Dec. 10 (Korea Bizwire) – South Korea’s public organizations increased their purchases of eco-friendly cars, including hydrogen fuel cell automobiles, this year in line with a new energy drive that centers on cutting the use of fossil fuels, data showed Tuesday. Eco-friendly cars accounted for roughly 70 percent of the combined cars purchased by [...]

Blood Donation Now Possible 6 Months after Tattooing, Acupuncture and Piercing

Blood Donation Now Possible 6 Months after Tattooing, Acupuncture and Piercing

SEOUL, Dec. 9 (Korea Bizwire) — The government is updating regulations that will allow individuals to donate blood sooner after undergoing certain procedures such as tattooing, acupuncture and piercing. The Ministry of Health and Welfare said Sunday that it will implement a revised bill on some of its blood donation record card notices one month [...]

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

SEOUL, Dec. 5 (Korea Bizwire) — South Korea aims to become the third-largest cosmetics exporter in the world by 2022 through extensive investment in research and development (R&D) and concerted marketing efforts, the government said Thursday. The country’s makeup products are globally competitive, with growth buoyed by popularity of the Korean Wave and the growing [...]

Gov’t Announces Measures to Combat Illegal Parking

Gov’t Announces Measures to Combat Illegal Parking

SEOUL, Dec. 5 (Korea Bizwire) — A crackdown on illegally parked vehicles will be strengthened starting next year in 16,700 school zones spread across the country. The Ministry of the Interior and Safety said Wednesday that it will strengthen its crackdown on illegal parking and resident reports in child protection zones next year following its [...]

Seoul Metro to Begin Parcel Delivery Service

Seoul Metro to Begin Parcel Delivery Service

SEOUL, Dec. 4 (Korea Bizwire) — Seoul Metro said Wednesday it is preparing to launch parcel delivery service in the capital area by utilizing its existing infrastructure, such as depots, old train cars and subway stations. Seoul Metro, a public corporation of the Seoul Metropolitan Government in charge of operating subway lines 1-8 and part [...]

S. Korea to Nurture Food Sector as New Growth Engine

S. Korea to Nurture Food Sector as New Growth Engine

SEOUL, Dec. 4 (Korea Bizwire) — South Korea said Wednesday it will double the size of key food industries by 2030 to serve as a new growth engine by easing regulations and revamping related policies. Under the plan, South Korea plans to focus on five major foodstuff industries, namely customized, functional, ready-to-eat, environmentally friendly and [...]

S. Korea to Set Up 300 bln-won Fund for Fintech Unicorns

S. Korea to Set Up 300 bln-won Fund for Fintech Unicorns

SEJONG, Dec. 4 (Korea Bizwire) — South Korea plans to set up a fund of 300 billion won (US$252 million) to help fintech startups become unicorns with a valuation of more than US$1 billion, Finance Minister Hong Nam-ki said Wednesday. Hong made the remarks at a meeting with economy-related ministers in Seoul to discuss how [...]